Stellar (XLM) Rockets 6,253% in Liquidation Imbalance In One Hour

Key Points

1. Stellar (XLM) price surged by over 10% in the last hour, triggering a massive wave of liquidations.

2. A staggering 6,253% liquidation imbalance was recorded, with $160,090 in short positions wiped out.

3. Stellar's price was trading at $0.2884, a 13.98% increase over the last 24 hours, with volume up by 46.05% to $373.65 million.

4. The price movement followed a delayed golden cross, suggesting previous consolidation.

5. Stellar's rival, XRP, only managed a 3.88% price increase during the same period, indicating a decoupling of the two assets.